AI: The C-Suite’s Latest Excuse to Wreck Lives and Pop Champagne

Once upon a time, layoffs were at least shrouded in a little bit of decency. Companies would mumble something about "downsizing" or "restructuring" and then, with a face that feigned sympathy, show you the door. But now, in the golden age of artificial intelligence, there’s a new scapegoat in town: AI. It’s the latest catch-all excuse for executives who want to cut costs, boost stock prices, and keep their corner office views intact—all while dodging any real accountability.

Picture this: You’ve worked hard for years, maybe even decades, helping your company reach new heights. Then one day, you’re told that your role is being “automated.” The robots, they say, can do your job faster, better, and cheaper. So, you’re out. Here’s a box for your belongings and a cookie-cutter email about “valuing your contributions.” Meanwhile, the execs who made this decision are busy toasting to the inevitable stock price bump with a nice bottle of champagne, all while they sip espresso from their ergonomic chairs in their glass-encased offices.

But let’s be real for a moment. If a company has to lay off a bunch of people, isn’t that a flashing neon sign that someone in the C-suite has seriously screwed up? You don’t just suddenly wake up one morning with a team of “redundant” employees. Either you hired too many people during your last growth spurt, or you failed to save enough cash for those inevitable rainy days. Or, perhaps, you were too busy chasing trends and splurging on shiny new tech toys—hello, AI!—without considering the human cost.

General Motors Co. (NYSE: GM) today reported second-quarter 2024 revenue of $48.0 billion, net income attributable to stockholders of $2.9 billion and EBIT-adjusted of $4.4 billion.
— https://investor.gm.com/ on 7/23/24

Here’s the thing: layoffs are not a sign of forward-thinking leadership. They’re a sign of poor planning. If you’re cutting jobs, you’re basically admitting that you didn’t have the foresight to manage your resources properly. And if that’s the case, why is it that the rank-and-file employees are the ones paying the price while the decision-makers get to stay comfortably in their corner offices?

It’s about time we start calling this what it is: corporate irresponsibility. The people at the top are making decisions that destroy lives, all while patting themselves on the back for their “strategic” thinking. They get to walk away unscathed, with their bonuses intact, while the people who actually did the work are left scrambling to find new jobs.

GM lays off more than 1,000 salaried software and services employees
— https://www.cnbc.com on 8/19/24

Let’s not pretend that AI is the villain here. AI is just a tool—a highly advanced one, sure—but it’s still just a tool. The real issue is the way it’s being used as a convenient excuse to justify layoffs. It’s time for some honesty and accountability in the boardroom. If your company is so mismanaged that you need to slash jobs to stay afloat, maybe it’s not the employees who should be packing up their desks. Maybe it’s you.

Resignation isn’t a dirty word. It’s a responsible move when you’ve clearly failed in your duty to steer the company responsibly. So next time you’re about to tell your workforce that “AI is replacing their jobs,” maybe consider stepping down instead. After all, someone has to be held accountable for the mess—and it shouldn’t be the people who were just following orders.

So, to all the execs sipping champagne while their employees sweat through job interviews and wait for unemployment checks: Congratulations on your stock price. Now, where’s your resignation letter?

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It's the "Changing Business Conditions," Stupid